MCQOPTIONS
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MCQOPTIONS
This section includes 864 Mcqs, each offering curated multiple-choice questions to sharpen your General Knowledge (GK) knowledge and support exam preparation. Choose a topic below to get started.
| 451. |
Taxes which may be shifted from the person upon whom they are originally imposed to another person are: |
| A. | Special taxes |
| B. | Double taxes |
| C. | Proportional taxes |
| D. | Indirect taxes |
| Answer» E. | |
| 452. |
Multinational Corporation is also called - |
| A. | Trading Corporation |
| B. | International Corporation |
| C. | Finance Corporation |
| D. | Trans-national Corporation |
| Answer» E. | |
| 453. |
An early modern European economic theory that trade generates wealth of bullion which a government should encourage by promoting exports and restricting imports is called: |
| A. | Imperialism |
| B. | Colonialism |
| C. | Mercantilism |
| D. | Socialism |
| Answer» D. Socialism | |
| 454. |
Who issue ten-rupee note in Pakistan? |
| A. | Government of Pakistan |
| B. | State Bank of Pakistan |
| C. | Both of the above |
| D. | None of the above |
| Answer» C. Both of the above | |
| 455. |
The branch of the social science that covers the study of the production, distribution and consumption of wealth in human society is known as: |
| A. | Law |
| B. | Political Science |
| C. | Anthropology |
| D. | Economics |
| Answer» E. | |
| 456. |
A cartel is an organization formed by producers. Its objectives are: |
| A. | To allocate market shares |
| B. | To control production |
| C. | To regulate prices |
| D. | All of the above |
| Answer» E. | |
| 457. |
Net National Product in National Income Accounting refers to - |
| A. | Gross Domestic Product Depreciation |
| B. | Gross Domestic Product + Subsidies |
| C. | Gross National Product Depreciation |
| D. | Gross National Product + Subsidies |
| Answer» D. Gross National Product + Subsidies | |
| 458. |
According to Modern Theory of Rent, rent accrues to - |
| A. | capital only |
| B. | any factor |
| C. | labour only |
| D. | land only |
| Answer» C. labour only | |
| 459. |
The outcome of 'devaluation of currency' is - |
| A. | increased export and improvement in balance of payment |
| B. | increased export and foreign reserve deficiency |
| C. | increased import and improvement in balance of payment |
| D. | increased export and import |
| Answer» B. increased export and foreign reserve deficiency | |
| 460. |
Pakistan s biggest and most powerful Radio Station is: |
| A. | Islamabad |
| B. | Lahore |
| C. | Karachi |
| D. | Peshawar |
| Answer» B. Lahore | |
| 461. |
What is the share of wheat crop in total cropped area of Pakistan? |
| A. | 18.05% |
| B. | 28.07% |
| C. | 37.01% |
| D. | 48.01% |
| Answer» D. 48.01% | |
| 462. |
In 1971, United Nations Conference on Trade and Development (UNCTAD) drew up a list of 24 countries having a GDP of 100 or less literacy rate of 20% or less and a share of manufacturing of 10% or less of GDP. These countries were referred to as: |
| A. | Developing Countries |
| B. | Advanced Cuntries |
| C. | Least Developed Countries |
| D. | None of the above |
| Answer» D. None of the above | |
| 463. |
Selling cost have to be incurred in case of - |
| A. | Perfect Competition |
| B. | Monopoly |
| C. | Monopolistic Competition |
| D. | None of the given options |
| Answer» D. None of the given options | |
| 464. |
The ratio of males and females population of Pakistan is equal in: |
| A. | Quetta |
| B. | Peshawar |
| C. | Lahore |
| D. | Rawalpindi |
| Answer» E. | |
| 465. |
In calculating National Income which of the following is included? |
| A. | Services of housewives |
| B. | Pensions |
| C. | Income of smugglers |
| D. | Income of watchmen |
| Answer» E. | |
| 466. |
In the ten (10) most populated cities of Pakistan, Sialkot is on number : |
| A. | Four |
| B. | Six |
| C. | Seven |
| D. | Nine |
| Answer» E. | |
| 467. |
On 9-13 November, 2001 the World Trade Organization s Fourth Ministerial Conference held in: |
| A. | Istanbul (Turkey) |
| B. | Dubai (U.A.E) |
| C. | Doha (Qatar) |
| D. | Tehran (Iran) |
| Answer» D. Tehran (Iran) | |
| 468. |
In the ten most populated cities of Pakistan, Rawalpindi is on number: |
| A. | Three |
| B. | Four |
| C. | Five |
| D. | Six |
| Answer» C. Five | |
| 469. |
The largest population density is in: |
| A. | Pakistan |
| B. | Bangladesh |
| C. | India |
| D. | Sri Lanka |
| Answer» C. India | |
| 470. |
The outflow of the best and brightest students from developing countries is called: |
| A. | Migration of intellectual |
| B. | Shift of Brain |
| C. | Brain drain |
| D. | Transfer of mind |
| Answer» D. Transfer of mind | |
| 471. |
The World's population has now reached on: |
| A. | 6 billion |
| B. | 8 billion |
| C. | 9 billion |
| D. | 10 billion |
| Answer» B. 8 billion | |
| 472. |
A mixed economy refers to an economic system where - |
| A. | The economy functions with foreign collaboration |
| B. | Only t he private sector operates under government control |
| C. | Both the government and the private sectors operate sectors operate simultaneously |
| D. | No foreign investment is allowed |
| Answer» D. No foreign investment is allowed | |
| 473. |
Economic rent does not arise when the supply of a factor unit is - |
| A. | Perfectly inelastic |
| B. | Perfectly elastic |
| C. | Relatively elastic |
| D. | Relatively inelastic |
| Answer» C. Relatively elastic | |
| 474. |
The national economic self-sufficiency i.e., exclusion from international trade pursued as a national policy is called: |
| A. | Autarky |
| B. | Self-sufficiency |
| C. | Self-reliance |
| D. | All of the above |
| Answer» B. Self-sufficiency | |
| 475. |
Which is the parameter for the economic development? |
| A. | Per capita monetary income |
| B. | National income |
| C. | Per capita rural income |
| D. | Population |
| Answer» B. National income | |
| 476. |
The number of deaths occurring in any year for every 1000 of the population is referred to as |
| A. | Death Ratio |
| B. | Death Rate |
| C. | Both of the above |
| D. | None of the above |
| Answer» C. Both of the above | |
| 477. |
The notion that economic development should proceed at a pace and in a manner that will conserve the environment and depletible natural resources is called: |
| A. | Sustainable development |
| B. | Rural development |
| C. | Social development |
| D. | None of the above |
| Answer» B. Rural development | |
| 478. |
The amount of gold reserve, currencies and special drawing rights available for the finance of international trade is called: |
| A. | Foreign Reserves |
| B. | International Liqiudity |
| C. | Foreign Investment |
| D. | None of the above |
| Answer» C. Foreign Investment | |
| 479. |
The maximum number of persons populated in one square kilometer of area are in: |
| A. | Punjab |
| B. | Sindh |
| C. | N.W.F.P. |
| D. | Islamabad |
| Answer» E. | |
| 480. |
The minimum number of persons populated in one square kilometer of area are in: |
| A. | Islamabad |
| B. | FATA |
| C. | Balochistan |
| D. | N.W.F.P. |
| Answer» D. N.W.F.P. | |
| 481. |
In Asia, the highest density of population (5516 persons per sq. km.) was recorded in: |
| A. | Singapore |
| B. | Bangladesh |
| C. | India |
| D. | North Korea |
| Answer» B. Bangladesh | |
| 482. |
The control by the state through the banking system of dealings in gold and foreign currencies is called |
| A. | Exchange Control |
| B. | Exchange Economy |
| C. | Autarky |
| D. | None of the above |
| Answer» B. Exchange Economy | |
| 483. |
G.D.P. (Gross Domestic Product) is the value of all goods and services: |
| A. | Produced in the country with foreign resources during a year |
| B. | Produced within the geographical boundaries of a country during a year |
| C. | Produced by the factors belonging to the country working in or outside the country |
| D. | None of the above |
| Answer» C. Produced by the factors belonging to the country working in or outside the country | |
| 484. |
The exploitation of developing countries by advanced countries is called: |
| A. | Embargoes |
| B. | Sanctions |
| C. | Economic Imperialism |
| D. | None of the above |
| Answer» D. None of the above | |
| 485. |
A part of National Debt known as External Debt is the amount - |
| A. | borrowed by its citizens from abroad |
| B. | lent by its citizens to foreign governments |
| C. | borrowed by its government from abroad |
| D. | lent by its government to foreign government |
| Answer» D. lent by its government to foreign government | |
| 486. |
The first World Population Conference under the United Nations was held in 1975 at: |
| A. | Kampala |
| B. | Bucharest |
| C. | Nairobi |
| D. | Ankara |
| Answer» C. Nairobi | |
| 487. |
In public budgets, zero-base budgeting was first introduced in - |
| A. | USA |
| B. | UK |
| C. | France |
| D. | Sweden |
| Answer» B. UK | |
| 488. |
The system of "Memorandum of Understanding (MoU) was introduced in - |
| A. | 1989 - 90 |
| B. | 1990 - 91 |
| C. | 1987 - 88 |
| D. | 1988 - 89 |
| Answer» D. 1988 - 89 | |
| 489. |
The 1986-1994 Uruguay Round achieved agrement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). Which of the following are the types of intellectual property? |
| A. | Copyrights and related rights |
| B. | Trademarks including service marks |
| C. | Industrial design, patents, layout designs etc |
| D. | All of the above |
| Answer» E. | |
| 490. |
European Recovery Program (ERP) was a United States program of financial assistance that helped to rebuild European nations devastated by World War II. This program is commonly called |
| A. | George Plan |
| B. | Catlett Plan |
| C. | Marshall Plan |
| D. | Colombo Plan |
| Answer» D. Colombo Plan | |
| 491. |
11 July every year is being celebrated under United Nations as World Population Day since: |
| A. | 1985 |
| B. | 1987 |
| C. | 1989 |
| D. | 1991 |
| Answer» C. 1989 | |
| 492. |
Which of the following is a real cause for low per capita income of Pakistan? |
| A. | There is lack of Natural resources |
| B. | These is over-population |
| C. | Unfavourable climatic conditions |
| D. | All of the above |
| Answer» E. | |
| 493. |
Free Trade refers to - |
| A. | free movement of goods from one country to another |
| B. | movement of goods free of cost |
| C. | unrestricted exchange of goods and service |
| D. | trade free of duty |
| Answer» B. movement of goods free of cost | |
| 494. |
National Social Assistance Programme is aimed at providing - |
| A. | financial support to Scheduled Castes and Scheduled Tribes |
| B. | old age pension to very poor |
| C. | insurance for the poor |
| D. | All of the above |
| Answer» C. insurance for the poor | |
| 495. |
The population density in Punjab per square kilometer is approximately : (persons) |
| A. | 353 |
| B. | 480 |
| C. | 590 |
| D. | 882 |
| Answer» B. 480 | |
| 496. |
"Free Trade" means: |
| A. | No restriction on the movement of goods from one part of the country to the other |
| B. | No ban on the import or export of a commodity between countries |
| C. | Goods exchange between countries with out any currency |
| D. | None of the above |
| Answer» C. Goods exchange between countries with out any currency | |
| 497. |
Sectoral distribution of GDP index measures . |
| A. | Agriculture development of a country |
| B. | Economic development of a country |
| C. | Social development of a country |
| D. | Socio-Economic development of a Country |
| Answer» C. Social development of a country | |
| 498. |
Which of the following items are not exports of Pakistan? |
| A. | Wheat |
| B. | Sports goods |
| C. | Both of the above |
| D. | None of the above |
| Answer» D. None of the above | |
| 499. |
The per capita income of Pakistan is approximately: |
| A. | 350 US Dollars |
| B. | 408 US Dollars |
| C. | 483 US Dollars |
| D. | 503 US Dollars |
| Answer» D. 503 US Dollars | |
| 500. |
UNESCO required one country must spend at least one percent of its GDP on Science and Technology but Pakistan is spending only: |
| A. | 0.02% |
| B. | 0.05% |
| C. | 0.07% |
| D. | 0.08% |
| Answer» B. 0.05% | |